3. The competent authorities of the contracting states try to resolve by mutual agreement any difficulty or doubt about the interpretation or application of the convention. Where it is desirable to reach agreement on an oral exchange of views, such an exchange of views may take place by a committee composed of representatives of the competent authorities of the contracting states. They can also agree on the elimination of double taxation in cases under the convention. 1. Legislation in one of the contracting states continues to govern the taxation of income and capital in the contracting states concerned, unless this agreement provides for contrary provisions. i. Subject to Article 5, this agreement does not affect the right of the UAE government, its political sub-divisions, local authorities or local authorities to enforce its own laws on the taxation of oil and natural resources revenues; these activities are taxed in accordance with UAE laws; 2. The competent authority endeavours to resolve the matter by mutual agreement with the competent authority of the other contracting State where the objection appears to be well founded and is unable to find an appropriate solution to resolve the matter by mutual agreement with the competent authority of the other contracting State, in order to avoid taxation that is not in accordance with the agreement. Any agreement reached will be transposed into the national legislation of the States Parties, regardless of the possible time frame.

e. the term ”person” refers to a natural person, a corporation and any other entity considered a taxable entity under the tax legislation in force in the relevant contracting states; 3. This agreement also applies to all income or capital taxes, identical or essentially similar, levied at the federal or regional level by any of the taxes covered in paragraph 2. The competent authorities of the contracting states inform each other of any substantial changes to their respective tax laws. 5. In this article, ”taxation” refers to the taxes that are the subject of this agreement. In exercising the powers conferred by section 90 of the Income Tax Act, 1961 (43 of 1961), Section 24A of the Companies (Profits) Surtax Act, 1964 (7 of 1964) and Section 44A of the Wealth-tax Act, 1957 (27 of 1957) orders the central government to enact all provisions of this agreement in the Union of Indias. The annexed agreement between the Government of the United Arab Emirates and the Government of the Republic of India to avoid double taxation and prevent tax evasion in the context of income and capital taxation came into force on 22 September 1993, after the two States Parties notified each other of the conclusion of the procedure provided by the laws of entry into force of this agreement. , in accordance with the provisions of Article 3, paragraph 1, of that convention. 3. The term ”dividends” used in this article refers to income from shares or other rights that are not receivables that participate in profits, as well as income from other rights of taxable corporations, according to the laws of the state in which the company distributing the distribution.